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Treasury yields surge after Bessent’s beefed-up buyback operation fails to calm market

Treasury yields surge after Bessent’s beefed-up buyback operation fails to calm market

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The Treasury market’s painful rout intensified Thursday, after an underwhelming auction of 30-year U.S. government debt and Treasury Secretary Scott Bessent’s first beefed-up buyback operation.

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The Treasury market’s painful rout intensified Thursday, after an underwhelming auction of 30-year U.S. government debt and Treasury Secretary Scott Bessent’s first beefed-up buyback operation.

This summary comes from MarketWatch.com - Top Stories. Read the full article at the original source.

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